Singapore

News, Resource and information of Singapore for Singapore property market by PropertyGuru.com.sg, Singapore’s leading property site.

BCA: New buildings to face higher minimum energy performance requirements

Starting from Q4 2021, new developments submitted for planning approval will be required to be 50% more energy efficient than the 2005 levels, up from the 30% current requirement.

Continue Reading5 Mar 2021

HDB to pilot new housing model to allow Singles to apply for HDB rental flats without finding a flatmate

The new housing model will be piloted by HDB later this year to allow singles to apply for public rental flat without having to find a flatmate first.

Continue Reading5 Mar 2021

GuocoLand to launch Midtown Modern on 20 March

Midtown Modern, a luxury residential project at mega integrated development Guoco Midtown on Beach Road and Tan Quee Lan Street, is set for launch on 20 March.

Continue Reading4 Mar 2021

About 1,700 flats surrendered to HDB in last 5 years, says MND

Around half of the 1,700 flats surrendered were two-room flats, one-sixth were three-room flats, and one-third were four-room or larger flats.

Continue Reading4 Mar 2021

1,521 flats sold under HDB’s open booking scheme

Minister of State for National Development Tan Kiat How said a total of 1,521 flats sold under HDB’s open booking scheme.

Continue Reading4 Mar 2021

Singapore ranked most desirable location for luxury homes by Asia’s wealthy

Singapore has emerged as the most desirable locations to buy investment homes for wealthy Asians within Asia and the fourth most desirable among Asian homebuyers globally.

Continue Reading2 Mar 2021

Freehold semi-detached house near Orchard Road on sale for $10.98mil

The two-storey semi-detached house at 35 Jalan Arnap is located near the Orchard Road shopping belt with the future Orchard Boulevard MRT station just 300 metres away.

Continue Reading2 Mar 2021

Three-storey building sold for $18mil in this year’s first collective sale

Three adjoining three-storey residential buildings at 2, 4 and 6 Mount Emily Road have been sold en bloc for $18 million to ZACD International, making the transaction this year’s first collective sale.

Continue Reading2 Mar 2021

Development charge rates reduced for commercial use, increased for residential use

CBRE observes that the continued downward adjustment of 1.5% of DC rates is "not surprising", given "the lower level of commercial transactions taking place".

Continue Reading1 Mar 2021

Elderly buyers booked over half of new two-room Flexi flats offered

Elderly buyers aged 55 and above booked 56% or 14,153 units, while singles, who were allowed to acquire such units in non-mature estates, booked about 38% or 14,153 units.

Continue Reading1 Mar 2021

Government adopts consultative, calibrated approach in balancing heritage preservation with development needs

Ministry of National Development (MND) reveals that URA closely works with NHB as well as expert panels and key stakeholders to integrate heritage considerations upstream in its land use planning process.

Continue Reading26 Feb 2021

Dublin Lodge on sale for $67.55mil

Located in prime District 9, this works out to 2,500 per sq ft based on the 2,510.2 sq m (27,020 sq ft) land area.

Continue Reading25 Feb 2021

PropNex profit jump 47.8% in 2020 despite pandemic

The group noted that their 2020 performance was led by domestic demand coming from both the public housing and private residential segments.

Continue Reading25 Feb 2021

Industry players urged to remain prudent, not stoke exuberant sentiments in property market

This comes as Singapore’s property market remained buoyant with private home prices rising 2.2% in 2020 even as the economy plunged into recession.

Continue Reading24 Feb 2021

7 urban farming sites at HDB car park rooftops launched for tender

The sites are located in Jurong West, Bukit Panjang, Sembawang and Woodlands, revealed SFA and HDB in a joint release.

Continue Reading24 Feb 2021

The Atelier to open for preview this Saturday

Prices for one-bedroom units start from $1.51 million, while two-bedroom units go from $2.48 million.

Continue Reading23 Feb 2021

Two adjoining sites at Still Road, Koon Seng Road on sale for $21mil

97 & 99 Still Road is occupied by 29-room Malacca Hotel, while 137 Koon Seng Road houses a two-storey residential block used as a workers’ quarters as well as Malacca Hotel’s administrative office.

Continue Reading23 Feb 2021

Queen Astrid Gardens relaunched for en bloc sale for $123.8mil

Potential buyer can retain its current use as apartments, redevelop it into a single mansion or subdivide it into up to four GCB parcels, subject to the relevant authorities’ approval. Image: Knight Frank

Continue Reading23 Feb 2021

HDB disbursed close to $500mil in Enhanced CPF Housing Grant to first-time flat buyers

7,700 first-timer households acquiring new flats have applied for the EHG from 11 September 2019 to 31 December 2020. It has disbursed around $270 million in EHG to such households.

Continue Reading22 Feb 2021

999-year leasehold residential site in Kovan on sale for $18 million

Located within the mature Kovan estate, the 1,955.2 sq m (21,046 sq ft) site is zoned for residential use under the 2019 Master Plan with a plot ratio of 1.4 and is held by a single owner.

Continue Reading19 Feb 2021